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Daniel Boone Campground and Cabin Rental development project is being offered for sale. If you are interested in being your own boss and having a income producing property with opportunity to grow in the future Daniel Boone Campground and Cabin Rental development is the best offering in the state. On almost 100 acres in the middle of the S-tree OHV trail and the middle on the Daniel Boone National Forest just minutes from Turkey Foot OHV area. You can't find a better campground development project in Kentucky. This land offers includes the website, engineering for campground project, and roughed in roads. Buy today and open for the summer season. Generate return on your investment this year.
Basic Run Through on income potential is as follows: 40 full hookups plus 25 electric/water hookups plus 25 electric only hookup equal 90 total campsites multiplied by a tourism season of 180 days a year minus 50% for safety margin times average cost per site a night of $25 equals $202500 cash flow a year or 35-50% return on investment a year.
I would like to see a stock broker or investment broker offer sound numbers like that not to mention the simple fact a completed a operational campground is worth 8 times it's yearly income in todays market. How are your retirement accounts holding up? RV sales are still going up and people are becoming more and more interested in Kentucky's history and the Daniel Boone National Forest for hiking, horse riding, camping, and exploring. Get in on the ground floor Call the owners today at 606.481.1304 for pricing and remember cash is king!
Cabin rentals are not part of the numbers and were not part of the investment idea when developed so we don't have income numbers for that stage of development. All buyers are asked to seek the consultation of professionals before entering into a purchase contract with us. We don't want you to rely on our numbers alone. We would prefer you see the numbers offered by the National Forest Tourism Data, our numbers are extremely conservative. Most statistical analysis of the income potential puts the figures way higher and the yearly cash flow over $450K, we would rather be conservative.
What you are buying: 100 Acres of Commercially Ready Land (current value $375000) Engineering Workups for 90 Campsite Campground Community (cost $75000) Self Marketing Website with Reservation System (cost $32500)
MAKE OFFER WHILE MARKET IS DOWN-606.481.1304 For Sale By Owners! |
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